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18 September, 04:35

What are the factors that led to the Wall Street crash?

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  1. 18 September, 06:35
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    Answer: 1. Credit boom. In the 1920s, there was a rapid growth in bank credit and loans in the US. Irrational exuberance. 2. Earning per share rose from 20 (1923) to a peak of 100 (1929). 3. Irrational exuberance. Earning per share rose from 20 (1923) to a peak of 100 (1929). 4. Agricultural recession. 5. Weaknesses in the banking system. 6. Role of monetary policy.
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